Cash

Bank Shutdown Hammers Cyprus' Businesses

Banks across Cyprus remain locked Tuesday after financial authorities extended the country's bank closure, fearing worried depositors will rush to drain their accounts.

Living Without Credit Cards: She Made It Work, and You Can Too

Every time you make a plane reservation or rent a car or pay for concert tickets, you're asked to provide a credit card number. Liz Smiley provides a debit card number instead. Smiley has lived without a credit card for more than four years, and she doesn't miss it a bit.

Getting Paid in Cash? Don't End Up Like Lindsay Lohan

When you get paid in cash, your income is out of sight from the IRS. But as the sad case of tax scofflaw Lindsey Lohan shows, thinking that you can avoid the tax man is not a smart assumption. And while Lohan's issues are extreme, anyone who primarily does business in cash will face the same ones.

Some Whole Foods Stores Stop Accepting Paper Checks

If you're one of the many people planning to start using more paper checks to avoid incurring a monthly debit-card fee, think again. While many merchants continue to accept paper checks, some are moving in the opposite direction, among them national grocery store chain Whole Foods.

Is It Smart to Tap Retirement Funds to Buy a Home?

A 53-year-old woman got divorced in May, and now, she wants to relocate to a new city and buy a little bungalow for herself and her 100-pound dog. But with her low income, she's wondering whether her best bet to get that home is deplete her retirement savings and buy it with cash. Our experts weigh in.

How Much Cash You'd Need in Worst-Case Scenario

Imagine that the worst does happen again: A major attack. Chaos and disorder. Banks could be closed, ATMs down. Electricity could be out. Your credit cards? Suddenly useless. So how much money -- good old folding cash -- do you need to be able to put your hands on to get through the aftermath?

Could the U.S. Print Its Way Out of the Debt Crisis?

Everyone now knows the federal government is about to run up against its limit for borrowing money, but everyone also knows that governments can -- and do -- just print the stuff. Washington owns the Bureau of Engraving and Printing. Could the way to sidestep this looming crisis be just making more money?

Why Is the U.S. Making Money Nobody Wants?

A billion dollars in unwanted American dollar coins sits in specially-made vaults the size of soccer fields in Texas and Baltimore and other undisclosed locations. But why are they just sitting there?

Why More People Are Rejecting Their Credit Cards

In the past year, millions of Americans have significantly cut their use of credit cards in an effort to take control of their financial lives. But some people are taking an even more radical step -- going cold turkey on plastic and paying for everything with good ol' cash.

11 Smart Places to Invest Your Money Now

As the economic recovery takes hold and the investing landscape shifts again, it's important to adjust your investment strategy to take advantage of the new opportunities. Here are 11 areas experts think you should consider putting your money into right now.

Does It Make Sense to Sell Your Life Insurance Policy?

More people are selling their life insurance policies for much-needed cash while they're still alive. But are these "life settlements" a bad deal? Here's why they can come with a high cost, both for investors and for sellers -- along with some tips to keep both from getting burned.

Three Companies That Are ... Sitting on Lots of Cash

Companies with lots of cash are in the best position to buy market share, make acquisitions and pay dividends. Hilary Kramer says cash is a key metric investors should be watching, and in this video she discusses why cash-rich companies Cisco, Gilead and Teradyne are all good stocks to own.